7 USC 9033: Term of loans
Text contains those laws in effect on April 25, 2024
From Title 7-AGRICULTURECHAPTER 115-AGRICULTURAL COMMODITY POLICY AND PROGRAMSSUBCHAPTER II-MARKETING LOANS
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§9033. Term of loans
(a) Term of loan
In the case of each loan commodity, a marketing assistance loan under section 9031 of this title shall have a term of 9 months beginning on the first day of the first month after the month in which the loan is made.
(b) Extensions prohibited
The Secretary may not extend the term of a marketing assistance loan for any loan commodity.
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